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EARNINGS PER SHARE (Tables)
6 Months Ended
Mar. 28, 2020
Earnings Per Share [Abstract]  
Reconciliation of shares used in the basic and diluted net income per share computation
The following tables reflect a reconciliation of the shares used in the basic and diluted net income per share computation for the three and six months ended March 28, 2020 and March 30, 2019
 
Three months ended
(in thousands, except per share data)
March 28, 2020
 
March 30, 2019
 
Basic
 
Diluted
 
Basic
 
Diluted
NUMERATOR:
 

 
 

 
 

 
 

Net income/(loss)
$
11,888

 
$
11,888

 
$
(3,555
)
 
$
(3,555
)
DENOMINATOR:
 

 
 

 
 

 
 

Weighted average shares outstanding - Basic
63,679

 
63,679

 
65,930

 
65,930

Dilutive effect of Equity Plans
 
 
540

 
 
 

Weighted average shares outstanding - Diluted
 

 
64,219

 
 

 
65,930

EPS:
 

 
 

 
 

 
 

Net income/(loss) per share - Basic
$
0.19

 
$
0.19

 
$
(0.05
)
 
$
(0.05
)
Effect of dilutive shares
 

 

 
 

 

Net income/(loss) per share - Diluted
 

 
$
0.19

 
 

 
$
(0.05
)
  
 
Six months ended
(in thousands, except per share data)
March 28, 2020
 
March 30, 2019
 
Basic
 
Diluted
 
Basic
 
Diluted
NUMERATOR:
 

 
 

 
 

 
 

Net income
$
25,365

 
$
25,365

 
$
3,962

 
$
3,962

DENOMINATOR:
 

 
 

 
 

 
 

Weighted average shares outstanding - Basic
63,675

 
63,675

 
66,530

 
66,530

Dilutive effect of Equity Plans
 
 
591

 
 

 
814

Weighted average shares outstanding - Diluted
 

 
64,266

 
 

 
67,344

EPS:
 

 
 

 
 

 
 

Net income per share - Basic
$
0.40

 
$
0.40

 
$
0.06

 
$
0.06

Effect of dilutive shares
 

 
(0.01
)
 
 

 

Net income per share - Diluted
 

 
$
0.39

 
 

 
$
0.06